$549,000
For sale: Other

Prime commercial opportunity in Hamilton's rapidly transforming Main Street corridor! This approximately 1,300 sq. ft. commercial building offers excellent versatility for both owner-users and investors. Previously operated as a high-traffic takeout restaurant, the property features a walk-in freezer and large commercial canopy hood, providing an excellent setup for a restaurant, coffee shop, bakery, pizza shop, specialty meat shop or other food-related business. Equipment is available separately and is negotiable directly with the seller. Vacant possession is available, offering flexibility for retail, professional office, medical or pharmacy use, subject to zoning and approvals. The property also offers rear parking with ample space for multiple vehicles. Located along the future Hamilton LRT corridor, this property presents strong potential for increased exposure, accessibility and long-term appreciation. Mid-density zoning adds further potential for future intensification, subject to municipal approvals.
Sold data
Homes in Hamilton (Crown Point) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 1,265 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $685,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Crown Point) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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